The South African Power Pool (SAPP) has postponed the launch of a competitive power trading system, aimed at boosting the pooling of electricity across the region, to 15 December.
The launch of the competitive trading system had been initially scheduled for early November, according to Reuters.
SAPP chief engineer Alison Chikova told Reuters that the project’s launch had been held back.
“There have been some delays with that project and we will now launch around 15 December,” Chikova said.
In southern Africa, only 5% of all power is traded in short-term energy market with the seller fixing prices.
SAPP is testing a new system that will fix prices on the basis of supply and demand between the utilities in the nations where the power pool functions, the news service reports.